The ICF Agroliquidity line of financing, promoted by the Catalan Institute of Finance (ICF) and the Ministry of Climate Action, Food and Rural Agenda, and which has been extended by 20M euros is now active and loan applications can be made.

This line of loans was designed last autumn to support the agricultural sector of Catalonia and makes available to self-employed people and agricultural and agri-food companies, forestry, and the fishing sector loans to face the increase in the price of raw materials and fuels, as well as the consequences of climate change such as frost or hail. among other affectations. Also for those who want to make a small investment.

In relation to this ICF Agroliquididad line of financing, it should be noted that, in the first tranche in which the line was open, more than 1,300 loans were granted for an amount of 79.8 million euros. ICF Agroliquididad loans have been very well received by the agri-food sector and are an example of the role of the ICF as a public promotional bank, a complementary actor to the private financial sector that can help agricultural entrepreneurs in an agile way. 

For this new section of the line, loans will be at a fixed interest rate of 4%. In all cases, there will be a 50% discount from the Department of Climate Action, Food and Rural Agenda in such a way that the final interest to be paid by the customer will be 2%. The minimum amount will be €10,000 and the maximum will be €100,000 per transaction. The term is set at up to 6 years, with a maximum grace period of 2 included. The sum of the formalised amount of all the loans framed in this line (including the previous tranche) may not exceed 100,000 euros for each beneficiary.